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Analysis of a Pertinent Healthcare Issue (Continuation)

Name of Student

Walden University

NURS 6053

Interprofessional Organization & System Leadership

(Due date)

Analysis of a Pertinent Healthcare Issue

Introductory paragraph. The introduction presents the problem that the paper addresses. Write an introductory paragraph. Do not write the word Introduction as a level heading because the first paragraph under the title of the paper functions as your paper’s introduction. Include the purpose of the paper.

The purpose of this paper is to examine how the escalating cost of care has impacted my organization, how other organizations have responded to the same issue and the strategies our organization has implemented to tackle the issue.

National Healthcare Issue/Stressor and Impact in the Organization

The increasing price of healthcare services, drugs, and technology is essential, considering their effects on healthcare companies’ working environments. Some ways that escalating costs have impacted our organization include resource allocation, financial strain on employees, lack of innovation, and technological advancements.

Rising costs are a major challenge for healthcare institutions. Increasing expenditure on healthcare services meant that resource allocation in the institution was constrained. This prompted inappropriate staffing, the unavailability of drugs, and a shortage of medical appliances. As a result, healthcare professionals were forced to do more with less and ended up facing stressful work schedules associated with burnout. Due to these bottlenecks, the flow of money was blocked for costly items such as new medical procedures, advanced tools, and employee orientation. In the organization, healthcare professionals had problems because their salaries did not increase while their benefits decreased, making them pay even more with their own money for medical services. Broome & Marshall (2021) state that this leads to lower job morale and job satisfaction due to reduced salaries for staff.

In addition, the escalating cost of care resulted in a lack of innovation and technological advancements. Rising costs made it difficult for our organization to invest in medical innovations, including technology, which we could not afford. This hampered the ability of the company to keep up with the pace of modern medical changes that impact both healthcare systems and clinical outcomes. This also led to high patient pocket costs.

Summary of Reviews of Healthcare Issue/Stressor Addressed in Other Organizations.

To tackle the issue, organizations are utilizing value-based care models, which enable them to move away from a volume-driven approach towards a pay-for-outcome system, where both the service providers and its patients’ results are aligned. They enabled the provision of cheap but quality healthcare. Tzenios (2019) demonstrated that incentives within the movement towards value-based care, which ties reimbursement to the results of patients and not the quantity of service, would motivate efficiency, effectiveness, and qualitative improvement. Organizations are incorporating physical technologies like lab exams and the transmission of scans with digital technology.

Besides, organizations are applying operational efficiency improvements to reduce costs. This involved streamlining administrative processes and enhancing operational protocols with cutting-edge products designed to boost productivity. For instance, organizations use the EHR system to reduce paperwork, boost information availability, and enhance provider-to-provider communication.

Strategies Used to Address the Organizational Impact of National Issues/Stressors

Applying efficient initiatives like Enterprise resource planning (ERP) enables organizations to reduce costs in the long run. ERPs are technological investments that organizations can count on to increase efficiency, control costs, and incorporate fundamental business functions in a common platform (Kunduru, 2023). Healthcare systems are currently using Epic, an end-to-end strategy covering various activities like electronic health records (EHR), financials and practice management. The company ensured its resources were used according to quality assurance and minimum waste. The simplification of administration, harmonizing process methods, and incorporation of affordable strategies formed the basis for this approach. The institution improved some aspects of its contracts with suppliers, such as refining its terms, consolidating supplier chain processes, and examining possibilities for joint purchasing of medical merchandise.

Furthermore, organizations are utilizing collaboration and partnerships. These strategic relationships were developed based on cost-sharing, joint purchasing, and research with hospitals, suppliers, or research centers. For instance, healthcare facilities are partnering with companies to simplify the capability of the employer to give health benefits to their workers. CommonSpirit Health, a healthcare facility that owns 137 hospitals in 21 states, collaborated with Riverside Health to provide cost-effective care to its workers. Also, the application of Public-Private Partnership (PPP) in healthcare offers formal partnerships between the public and private sectors that coordinate the efforts of multiple stakeholders at the international, national, and subnational levels (Baxter & Casady, 2020). It makes it possible to mobilize the resources of the public and private sectors to lessen the present setbacks and difficulties, and the application of traditional medical treatment PPP initiatives will then be capable of assisting robust and sustainable healthcare systems.

(Direction:
Start the Week 3 paper’s additional main topic and discuss the

3 sub-topics
.)

Developing Organizational Policies and Practices

The response must provide in at least one paragraph on the process of identifying, developing, and implementing organizational policies and practices.

Description of Competing Needs Impacting a Healthcare Issue/Stressor (Sub-topic, align left, bolded)

The response accurately and clearly identifies at least two competing needs impacting the healthcare issue/stressor selected.

Description of a Relevant Policy or Practice, Policy’s Strengths and Challenges and Ethical Consideration on a Healthcare Issue/Stressor (Sub-topic, align left, bolded)

The response accurately and thoroughly describes in detail a relevant policy or practice in an organization that may influence the healthcare issue/stressor selected. 

In addition, the response accurately and thoroughly critiques in detail the policy for ethical considerations and explains in detail the policy’s strengths and challenges in promoting ethics.

Recommended Policies to Address Competing Needs and Ethical Shortcomings of Existing Policies (Sub-topic, align left, bolded)

The response must provide one or more accurate, clear, and thorough recommendations for policy or practice changes designed to balance the competing needs of resources, workers, and patients while addressing any ethical shortcomings of the existing policies. Specific and accurate examples need to be provided. 
Accurate and detailed evidence is cited that informs the healthcare issue/stressor selected and/or the policies, a specific synthesis of at least two outside scholarly resources in full support of the policy or practice recommendations is provided. The response integrates at least 2 outside resources and 2 or 3 course-specific resources that fully support the healthcare issue/stressor selected.

Conclusion

Conclusion on major points. The conclusion allows you to have the final say on the issues you have raised in your paper, to synthesize your thoughts and ideas, consider broader issues, elaborate on the significance of your findings and give your reader a new view of the subject, see things differently and enrich the reader’s way of thinking and perspective.

References

Baxter, D., & Casady, C. B. (2020). Proactive and strategic healthcare public-private partnerships (PPPs) in the coronavirus (COVID-19) epoch. 
Sustainability, 
12(12), 5097.
https://doi.org/10.3390/su12125097

Broome, M., & Marshall, E. S. (2021). 
Transformational leadership in nursing: From expert clinician to influential leader (3rd ed.). New York, NY: Springer.
https://www.springerpub.com/transformational-leadership-in-nursing-9780826135049.html

Kunduru, A. R. (2023). Healthcare ERP Project Success: It’s all About Avoiding Missteps. 
Central Asian Journal of Theoretical and Applied Science, 
4(8), 130-134.
https://www.researchgate.net/profile/Arjun-Reddy-Kunduru/publication/373638753_Healthcare_ERP_Project_Success_It’s_all_About_Avoiding_Missteps/links/650ae08982f01628f0342ba7/Healthcare-ERP-Project-Success-Its-all-About-Avoiding-Missteps.pdf

Tzenios, N. (2019). The Determinants of Access to Healthcare: A Review of Individual, Structural, and Systemic Factors. 
Journal of Humanities and Applied Science Research, 
2(1), 1-14.
https://journals.sagescience.org/index.php/JHASR/article/view/23